Ukrainian delegation to UAE signs memorandums, contracts USD 3B worth

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Open source

As part of the official visit of President Volodymyr Zelenskyy to the United Arab Emirates, the Ukrainian delegation signed a number of memorandums and contracts for a total amount of USD 3 billion or more, the President’s Office reports.

Memorandums of understanding were signed between the State Property Fund of Ukraine and the Abu Dhabi government’s investment fund Mubadala.

They are aimed at deepening cooperation in the development of promising investment projects and the participation of the Emirate side in the program of privatization of state property in Ukraine.

According to the President, the MOI with Mubadala to invest in Ukraine is an important step in opening the way for large-scale investments in Ukraine from Western Asia.

The Ministry of Digital Transformation of Ukraine signed a memorandum with INTELMAX Management Consulting, providing for cooperation on the creation of a platform for the exchange of intellectual property based on the Fantom blockchain.

Also, documents were signed in the field of defense, which, in particular, discussed the possibility of building joint factories outside Ukraine.

In addition, a memorandum was signed in the agricultural sector. The possibility of opening a Ukrainian sovereign fund for joint investments is also being considered.

At the same time, 18 Ukrainian private companies, including Interpipe, Dragon Capital, DTEK, Unit City, EastOne, UMG, Ufuture, Fortior, signed memorandums with the state investment fund Mubadala.

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